Written by Mark Gordon, Vista Gold Corporation (TSX: VGZ).
Vista Gold Corp has taken a very measured and thorough approaching efforts to optimise and bring the Mt Todd Gold Project in the Northern Territory of Australia towards production, and to add value to the Project with efforts appearing to be paying off. The Company came into the Project (which had seen the demise of two previous operators) in 2006 with “eyes wide open”, and subsequent activities have seen previous issues largely overcome. Activities are now focussed on delivering an upgraded Pre-feasibility Study (“PFS”) in late 2017 or early 2018, followed by a Definitive Feasibility Study (“DFS”).